Price Elasticity Smacks Sony, Blu-Ray, Playstation - CBS News - 0 views
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anonymous on 21 Oct 12Sony has managed to get rid of the competing technology,the HD DVD. Instead of an increase gain in market share,Sony has had a decrease in market share. The reason is that people are savvy to the pricing strategies that vendors use. They understand that with no competition, Sony will eventually have to lower its own price. In taking out competition Sony has caused a decline in its own products.